NASDAQ:PENN - Penn National Gaming Stock Price, News, & Analysis

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$21.15 -0.17 (-0.80 %)
(As of 11/15/2018 03:48 PM ET)
Previous Close$21.32
Today's Range$20.37 - $21.24
52-Week Range$18.76 - $36.90
Volume112,900 shs
Average Volume1.63 million shs
Market Capitalization$1.85 billion
P/E Ratio2.37
Dividend YieldN/A
Beta1.86
Penn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through Northeast, South/West, and Midwest segments. As of December 31, 2017, it operated 27 facilities in 17 jurisdictions, including California, Florida, Illinois, Indiana, Kansas, Maine, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario, Canada. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:PENN
Previous Symbol
CUSIP70756910
Phone610-373-2400

Debt

Debt-to-Equity Ratio63.61
Current Ratio0.74
Quick Ratio0.74

Price-To-Earnings

Trailing P/E Ratio2.37
Forward P/E Ratio22.03
P/E Growth2.09

Sales & Book Value

Annual Sales$3.15 billion
Price / Sales0.62
Cash Flow$12.8963 per share
Price / Cash1.64
Book Value$0.76 per share
Price / Book27.83

Profitability

EPS (Most Recent Fiscal Year)$8.98
Net Income$473.46 million
Net Margins-5.41%
Return on Equity-6,177.13%
Return on Assets2.57%

Miscellaneous

Employees18,754
Outstanding Shares92,390,000
Market Cap$1.85 billion
OptionableOptionable

Penn National Gaming (NASDAQ:PENN) Frequently Asked Questions

What is Penn National Gaming's stock symbol?

Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."

How will Penn National Gaming's stock buyback program work?

Penn National Gaming declared that its Board of Directors has approved a share repurchase plan on Tuesday, April 11th 2017, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 8.4% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

How were Penn National Gaming's earnings last quarter?

Penn National Gaming, Inc (NASDAQ:PENN) released its quarterly earnings data on Thursday, November, 1st. The company reported $0.38 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.43 by $0.05. The company earned $789.70 million during the quarter, compared to the consensus estimate of $807.79 million. Penn National Gaming had a negative return on equity of 6,177.13% and a negative net margin of 5.41%. The business's revenue was down 2.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.25 earnings per share. View Penn National Gaming's Earnings History.

When is Penn National Gaming's next earnings date?

Penn National Gaming is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Penn National Gaming.

What guidance has Penn National Gaming issued on next quarter's earnings?

Penn National Gaming updated its FY 2018 earnings guidance on Thursday, November, 1st. The company provided EPS guidance of $0.90-0.90 for the period, compared to the Thomson Reuters consensus estimate of $1.85. The company issued revenue guidance of $3.582-3.582 billion, compared to the consensus revenue estimate of $3.68 billion.Penn National Gaming also updated its Q4 2018 guidance to $-0.4--0.4 EPS.

What price target have analysts set for PENN?

12 equities research analysts have issued 12-month price objectives for Penn National Gaming's shares. Their predictions range from $30.00 to $40.00. On average, they anticipate Penn National Gaming's share price to reach $34.1818 in the next year. This suggests a possible upside of 62.8% from the stock's current price. View Analyst Price Targets for Penn National Gaming.

What is the consensus analysts' recommendation for Penn National Gaming?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn National Gaming in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penn National Gaming.

Has Penn National Gaming been receiving favorable news coverage?

News coverage about PENN stock has trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Penn National Gaming earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an impact on the stock's share price in the next several days.

Are investors shorting Penn National Gaming?

Penn National Gaming saw a decrease in short interest in October. As of October 31st, there was short interest totalling 8,326,422 shares, a decrease of 22.5% from the October 15th total of 10,742,473 shares. Based on an average daily trading volume, of 2,951,515 shares, the days-to-cover ratio is presently 2.8 days. Currently, 9.8% of the company's stock are short sold. View Penn National Gaming's Current Options Chain.

Who are some of Penn National Gaming's key competitors?

Who are Penn National Gaming's key executives?

Penn National Gaming's management team includes the folowing people:
  • Mr. Timothy J. Wilmott, CEO & Director (Age 59)
  • Mr. Jay A. Snowden, Pres & COO (Age 42)
  • Mr. William J. Fair, Exec. VP of Fin., CFO & Treasurer (Age 55)
  • Mr. Carl Sottosanti, Exec. VP, Gen. Counsel & Sec. (Age 53)
  • Richard Primus, Sr. VP & Chief Information Officer

Who are Penn National Gaming's major shareholders?

Penn National Gaming's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.69%), Bamco Inc. NY (6.98%), FMR LLC (6.92%), Eagle Asset Management Inc. (3.60%), Bank of New York Mellon Corp (3.60%) and Carillon Tower Advisers Inc. (2.60%). Company insiders that own Penn National Gaming stock include Carl Sottosanti, Jane Scaccetti, Jay A Snowden, Peter M Carlino, Saul Reibstein and Timothy J Wilmott. View Institutional Ownership Trends for Penn National Gaming.

Which institutional investors are selling Penn National Gaming stock?

PENN stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Canada Pension Plan Investment Board, Man Group plc, Fort Washington Investment Advisors Inc. OH, Allianz Asset Management GmbH, Frontier Investment Mgmt Co., Panagora Asset Management Inc. and First Quadrant L P CA. Company insiders that have sold Penn National Gaming company stock in the last year include Carl Sottosanti, Peter M Carlino, Saul Reibstein and Timothy J Wilmott. View Insider Buying and Selling for Penn National Gaming.

Which institutional investors are buying Penn National Gaming stock?

PENN stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, FMR LLC, RWC Asset Management LLP, Prudential Financial Inc., Copper Rock Capital Partners LLC, Tygh Capital Management Inc., Putnam Investments LLC and Kornitzer Capital Management Inc. KS. Company insiders that have bought Penn National Gaming stock in the last two years include Jane Scaccetti, Jay A Snowden and Timothy J Wilmott. View Insider Buying and Selling for Penn National Gaming.

How do I buy shares of Penn National Gaming?

Shares of PENN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Penn National Gaming's stock price today?

One share of PENN stock can currently be purchased for approximately $20.99.

How big of a company is Penn National Gaming?

Penn National Gaming has a market capitalization of $1.85 billion and generates $3.15 billion in revenue each year. The company earns $473.46 million in net income (profit) each year or $8.98 on an earnings per share basis. Penn National Gaming employs 18,754 workers across the globe.

What is Penn National Gaming's official website?

The official website for Penn National Gaming is http://www.pngaming.com.

How can I contact Penn National Gaming?

Penn National Gaming's mailing address is 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610. The company can be reached via phone at 610-373-2400 or via email at [email protected]


MarketBeat Community Rating for Penn National Gaming (NASDAQ PENN)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  537 (Vote Outperform)
Underperform Votes:  403 (Vote Underperform)
Total Votes:  940
MarketBeat's community ratings are surveys of what our community members think about Penn National Gaming and other stocks. Vote "Outperform" if you believe PENN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PENN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2018 by MarketBeat.com Staff

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